Polaris: Betting on performance

The Chennai-based Polaris Software Lab is witnessing huge volumes over the last couple of trading sessions. On Friday, its shares went up 9.08 per cent to Rs 90.70.

The buzz in the counter is that the first quarter results, to be declared on July 21, would be excellent. The company, which is known for coming up with poor set of numbers during last fiscal, is on course to announce better results this time round, dealers said.

Over 37 lakh shares were traded in the counter, compared to the two-week average of about 6.3 lakh shares on the BSE.

Rajesh Abraham

(This article was published in the Business Line print edition dated July 15, 2006)

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